Ethereum is considered the second – after Bitcoin – the most stable digital currency. It is called Bitcoin 2.0 and it is a biggest competition, based on the same technology – blockchain.
Ethereum is not just the digital coins and opportunity to invest. It is also a blockchain based platform that allows you to conclude contracts, establishments and crowdfunding. ETH is a fresh currency – it was found in 2015 as a result of ICO (Initial Coin Offering) and during it 60 million coins were distributed to investors, while 12 million stayed with developers. The maximum number of coins is not specified.
The increase in the rate of this currency began very quickly, already at the begining of 2016 there were clear increases of rates. In May 2016 the price of ETH significantly increased which was related to the largest crowdfunding project in history called the Decentralized Autonomous Organization (DAO). The whole project was financed by Ether. In less than half a year ETH passed a 15-fold increase in value - in January its price was about $1, in May it reached about $14.80. 12th March 2017 Ethereum was worth $20, and 12 days later already $50. As you can see, it is a currency that count significant ups and downs. In January 2018 was the second most valuable digital currency according to market capital, and its value is $116 976 901 899.